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Rupert Resources Ltd T.RUP

Alternate Symbol(s):  RUPRF

Rupert Resources Ltd. is a Canada-based gold exploration and development company. The Company’s principal focus is Ikkari, which is a gold discovery in Northern Finland. Ikkari is part of the Company’s Rupert Lapland Project, which also includes the Pahtavaara gold mine, mill, and exploration permits (Pahtavaara). The Rupert Lapland Project is located within the Central Lapland Greenstone Belt (CLGB), part of the Fennoscandian shield, which hosts 1700 known incidences of mineralization in Finland, Sweden, Norway and Russia, including around 80 mines. The Company also holds a 20% carried participating interest in the Gold Centre property located adjacent to the Red Lake mine in Ontario. The Gold Centre property lies to the southeast and within the shadow of the headframe of Evolution Mining’s Red Lake Mine (which has produced 23.8 M ounces of gold at an average grade of greater than 1/2-ounce gold per ton (or greater than 15.6 g/t).


TSX:RUP - Post by User

Comment by Nodga2000on Oct 12, 2021 1:45pm
131 Views
Post# 33998018

RE:I felt the resource report a bit early. I hope it was not

RE:I felt the resource report a bit early. I hope it was notIt's a tricky one isn't it, you could pay large cash incentives, but what's the point in that as it's not as well aligned compared to giving stock where the incentive is to create SHer value for all concerned. Unquestionably this is what James and team have achieved so far with RUP.

No one wants to see a CEO get a fat pay cheque every month and just sit there doing nothing, all SHers want to see a CEO and team doing everything they possibly can to make discoveries like Ikkari. No one is happy when a CEO sells stock, but IMO he and the team deserve it and these sells don't detract from the bigger picture with RUP - this company has made one of the best gold dicoveries for many years and the chances of it being taken out by a major has only got higher.

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